Press Release

May 13, 2019 Press Release

Proposed Health Sector Reform Aimed At Improving Availability, Accessibility, Quality, Affordability Of Health Services-Okoh

The Minister of Health, Professor Isaac Adewole has said that the proposed Health Sector Reform in Nigeria is aimed at redefining and transforming the health care system in the country through partnerships between the government and key stakeholders, especially the private sector. Speaking at the contract signing ceremony/diagnostic review kick-off workshop of the Health Sector […]

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May 7, 2019 Press Release

Transcorp Power Consortium, Quest Electricity Win Bids for Afam GenCo, Yola DisCo

Transcorp Power Consortium has emerged the preferred bidder for Afam Power (Afam Power Plc & Afam Three Fast Power Limited) with a bid price of N105.3 billion to beat DiamondStripes Consortium which bid N102. 388 billion. Similarly, Quest Electricity Nigeria Limited emerged the preferred bidder for the Yola Electricity Distribution Company (YEDC) with a bid […]

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April 26, 2019 Press Release

Rejoinder: BPE Has Complied With All Orders, Directives Of The Courts On ALSCON – Okoh

RE: ALSCON: Court Threatens To Jail BPE DG The Bureau’s attention has been drawn to a Premium Times publication of Tuesday, 23rd April, 2019 with the headline: ALSCON: Court threatens to jail BPE DG. Although we believe that the Premium Times publication falls far short of accepted standards of balanced and responsible journalism, we shall refrain from making detailed comments here […]

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April 23, 2019 Press Release

BPE To Restructure the Bank of Agriculture (BOA)

It has become imperative to restructure the Bank of Agriculture (BOA) to substantially improve its operating framework and governance structure with a view to enhancing its efficiency, Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has declared.  Speaking   at the kick-off meeting for the recapitalisation of the Bank on […]

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April 16, 2019 Press Release

NCP Gives Note To Three Firms For Afam Privatisation

The National Council on Privatisation (NCP) has granted approval to Diamond Stripes Consortium, Transcorp Power Consortium and Unicorn Consortium to proceed to the financial bids opening stage for the acquisition of 100 percent shares in the Afam Electricity Generation Company (Afam Power Plc & Afam Three Fast Power Limited). Rising from its first Meeting for […]

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April 16, 2019 Press Release

BPE Budgeting Structure Set To Be Reviewed To Reflect Cost Of Transactions

The Senate Committee on Privatisation has called for the review of the Bureau of Public Enterprises (BPE) budgeting structure to reflect cost of transactions. The Vice Chairman of the Committee, Senator Yahaya Abdullahi made this known during the BPE’s 2019 budget presentation at the National Assembly, Abuja on Monday, April 1, 2019. He noted that […]

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March 25, 2019 Press Release

Five Prospective Core-investors Indicate Interest In YEDC, Afam Electricity GenCo… BPE Boss Assures Highest Level of Integrity

A total of Five (5) bids were received by the Bureau of Public Enterprises (BPE) on Friday, March 15, 2019—being the deadline for the submission of technical and financial proposals for the acquisition of the Yola Electricity Distribution Company (YEDC) and Afam Electricity Generation Company (Afam Power Plc & Afam Three Fast Power Limited) by […]

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March 25, 2019 Press Release

BPE Will Not Sell Lagos International Trade Fair Complex… Facility Will Be Concessioned Through Competitive Transaction Process

The attention of the Bureau of Public Enterprises (BPE) has been drawn to the alleged closure of the Lagos International Trade Fair Complex (LITFC) by the Traders’ Associations operating in the Complex and the protest by the said association over the purported sale of the Complex. For the avoidance of doubt, the Bureau states that […]

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March 11, 2019 Press Release

BPE Inaugurates Four Committees To Provide Policy Markers For Insight Into The Practical Realities Facing Sectors In Which Enterprises Were Privatised

In its determination to ensure that privatised enterprises in the country provide dividends to the citizenry in line with the privatisation policy

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February 6, 2019 Press Release

The Buhari Govt. Is Committed To Private Sector Driven Economy-Okoh

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has reiterated the commitment of the President Muhammadu Buhari’s administration to a private sector driven economy; and called on local and international businessmen to take advantage of the government’s open door policy to establish businesses in the country. Speaking at the official […]

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